Joseph Lim :mastodon: on Nostr: #LetterOfTheWeek 🇸🇬Forum: Biggest challenge #hawkers face is #economics, not ...

#LetterOfTheWeek
🇸🇬Forum: Biggest challenge #hawkers face is #economics, not #consumer culture
"Coffee shops changing hands for #millions of dollars shows tt many #investors see #coffeeshops as #speculative #assets to be flipped, rather than #businesses to be operated. Stall operators have suffered fr large #arbitrary #rent increases in such coffee shops.. #hawkercentres “play a role in moderating increases in #food #prices, thereby performing an important #socialservice”"
https://www.straitstimes.com/opinion/forum/forum-biggest-challenge-hawkers-face-is-economics-not-consumer-culture